Category: Broker News

Trading Point Saw a 56% Dip in 2021 Revenues.

Recently, Trading Point of Financial Instruments UK Limited published its financial results for 2021 and saw drastic losses compared to the previous year. The company reported a loss of £1.17 million during the mentioned period,

Broker News

XTB Collaborates with Conor McGregor

One of the world’s most famous fighters, Conor McGregor, has joined XTB as their newest global brand ambassador. The company announced this partnership today. McGregor is a global athletic icon and successful entrepreneur. With more

Exness Breaks Trend of $2.8T in August Trading Volume

Exness bucked the industry trend in August by reporting record volumes of $2.81 trillion. Many competitors reported slumps in trading volume due to the summer holidays. It demonstrates the continued strength and growing popularity of

Broker News

CLSA Premium Suspends Australia Operations

CLSA Premium Ltd suspended its operations in Australia, noting continuing losses in the company.   The company is shutting down its Australian business due to ongoing losses and an uncertain future. They believe that they

Broker News

Hong Kong SFC Finds Compliance Lapses at Online Brokerages

The Securities and Futures Commission of Hong Kong surveyed 50 licensed online brokerage firms that offer distribution and advisory services. The regulator discovered alarming flaws in the operations of many companies.   The regulatory survey

Broker News

Financial Commission has Expelled LordFX.

Financial Commission terminated LordFX’s license for violating the membership agreement. Additionally, the broker has broken several other rules and guidelines. Therefore, LordFX clients are no longer qualified for compensation from the Financial Commission. The commission